Murphy USA Inc. (NYSE:MUSA) Receives $509.40 Average Price Target from Analysts

Murphy USA Inc. (NYSE:MUSA) has been given a consensus recommendation of “Hold” by the five research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $509.40.

Separately, StockNews.com cut Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th.

Murphy USA Price Performance

MUSA stock opened at $503.67 on Monday. The company has a fifty day simple moving average of $513.12 and a two-hundred day simple moving average of $507.10. Murphy USA has a 52 week low of $350.55 and a 52 week high of $561.08. The company has a quick ratio of 0.41, a current ratio of 0.80 and a debt-to-equity ratio of 2.19. The firm has a market capitalization of $10.20 billion, a P/E ratio of 20.78 and a beta of 0.80.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Canada Pension Plan Investment Board bought a new stake in Murphy USA during the 2nd quarter valued at $94,000. Creative Planning increased its stake in shares of Murphy USA by 8.7% during the second quarter. Creative Planning now owns 2,233 shares of the specialty retailer’s stock valued at $1,048,000 after buying an additional 178 shares during the period. Cetera Investment Advisers raised its holdings in shares of Murphy USA by 1.2% in the second quarter. Cetera Investment Advisers now owns 4,599 shares of the specialty retailer’s stock valued at $2,159,000 after acquiring an additional 53 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Murphy USA in the second quarter worth about $1,251,000. Finally, Park Avenue Securities LLC grew its holdings in Murphy USA by 8.6% during the 3rd quarter. Park Avenue Securities LLC now owns 2,196 shares of the specialty retailer’s stock worth $1,082,000 after acquiring an additional 174 shares in the last quarter. 80.81% of the stock is currently owned by institutional investors.

About Murphy USA

Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.